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Canadian Financial Close: Canadian dollar inches over 75 U.S. cents

By MarketsFarm WINNIPEG, April 17 (MarketsFarm) – The Canadian dollar inched up above 75 U.S. cents on Wednesday, as stocks and oil values weakened. The Canadian dollar closed at US$.7501 or US$1=C$1.3332, down from Tuesday’s close of US$.7484 or US$1=C$1.3361. The S&P/TSX Composite Index gained 42.02 points to close at 16,544.24, thanks to strong performances […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, April 17 (MarketsFarm) The Canadian dollar was stronger Wednesday morning, with solid economic data out of China providing some support for the financial markets in general. At 9:06 CDT Wednesday morning the Canadian dollar was at US$0.7509 or C$1.3317 which compares with Tuesday’s North American close of US$0.7484 or C$1.3361. Retail sales […] Read more


Canadian Financial Close: Canadian dollar weakens along with markets and crude oil

WINNIPEG, April 15 (MarketsFarm) – The Canadian dollar continued to drop on Monday, as stock indexes and crude oil similarly weakened. The Canadian dollar closed at US$.7488 or US$1=C$1.3354, down from Friday’s close of US$.7502 or US$1=C$1.3329. The S&P/TSX Composite Index gained 34.93 points to close at 16,515.46, thanks to gains in material stocks. The […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, April 15 (MarketsFarm) The Canadian dollar was posting small gains relative to its United States counterpart Monday morning. At 8:58 CDT Monday morning the Canadian dollar was at US$0.7508 or C$1.3319 which compares with Friday’s North American close of US$0.7502 or C$1.3329. Canadian home sales increased by 0.9 per cent on a […] Read more


Canadian Financial Close: Loonie, markets, oil, gold up to end week

By MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar was up at market close on Friday due to increases in benchmark crude oil prices. The dollar finished Friday at US$0.7502 or US$1=C$1.3329, which compares with Thursday’s close of US$0.7475 or C$1.3378. Benchmark oil prices were stronger on Friday due tightening global supplies from OPEC/Russia […] Read more

Canadian Dollar and Business Outlook: Gains for loonie, oil, markets

By MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar was up Friday morning, along with crude oil prices. At 8:45 CDT Friday morning the Canadian dollar was at US$0.7505 or C$1.3321, which compares with Thursday’s North American close of US$0.7475 or C$1.3378. Benchmark crude oil prices were up Friday morning. Concerns of a tightening […] Read more


Canadian Financial Close: Loonie continues to follow oil prices

By MarketsFarm WINNIPEG, April 11 (MarketsFarm) – The Canadian dollar was down at market close on Thursday along with benchmark crude oil prices. The dollar finished Thursday at US$0.7475 or US$1=C$1.3378, which compares with Wednesday’s close of US$0.7504 or C$1.3326. Benchmark oil prices were weaker on Thursday as OPEC and Russia indicated they would boost […] Read more

Canadian Dollar and Business Outlook: Loonie drops with oil prices

By MarketsFarm WINNIPEG, April 11 (MarketsFarm) – The Canadian dollar was down Thursday morning, as crude oil prices were slipping. At 8:45 CDT Thursday morning the Canadian dollar was at US$0.7465 or C$1.3389, which compares with Wednesday’s North American close of US$0.7504 or C$1.3326. Benchmark crude oil prices were down Thursday morning as OPEC and […] Read more


Canadian Financial Close: Loonie down, TSX up

By MarketsFarm WINNIPEG, April 10 (MarketsFarm) – The Canadian dollar was down slightly at market close on Wednesday, while the Toronto Stock Exchange was up. The dollar finished Wednesday at US$0.7504 or US$1=C$1.3326, which compares with Tuesday’s close of US$0.7510 or C$1.3316. The TSX was down 59.84 points on Wednesday to finish at 16,396.29 points, […] Read more

Canadian Dollar and Business Outlook: Tariff talk pushes down loonie

By MarketsFarm WINNIPEG, April 10 (MarketsFarm) – The Canadian dollar was down Wednesday morning following talk of Canada imposing tariffs on the United States. At 8:43 CDT Wednesday morning the Canadian dollar was at US$0.7493 or C$1.3342, which compares with Tuesday’s North American close of US$0.7510 or C$1.3316. In a speech on Tuesday, Canada’s Ambassador […] Read more